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every time we see a guy question grover norquist's power, they call up and apologize. what is it about going back to the alter every time if they don't matter, that particular man has to be apologized to. >> i don't think -- >> why did saxby do it? >> i think -- >> he's worried about -- >> i think what saxby is trying to do the hard work he's trying to do and grover knows, and everyone knows these taxes are automatically going up. some point in time -- >> it's december 3rd. ready? he got to get this done by december 3 1st under ideal circumstances. what is grover's role going to be the next three weeks? >> i think he's going to continue to be the guy against taxes. he's not going to change at all. >> if we don't have any taxes on the deal, there won't be a deal. the democrats -- >> there is no deal. the white house people have told me again and again that the president doesn't want to go over the cliff. he'd rather cut a deal -- >> let's talk about the taxes. >> but he's willing to on the tax deal. >> to get the taxes up on the rich. >> let me say -- >> finish this poi
every time we see a guy question grover norquist's power, they call up and apologize. what is it about going back to the alter every time if they don't matter, that particular man has to be apologized to. >> i don't think -- >> why did saxby do it? >> i think -- >> he's worried about -- >> i think what saxby is trying to do the hard work he's trying to do and grover knows, and everyone knows these taxes are automatically going up. some point in time -- >>...
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norquist and the pledge. >> i admire grover norquist. i think he's done a lot of good. i signed that pledge. i'm honored to do it. i don't think in this case we would be breaking it by making what are temporary tax cuts permanent. i think we'd be doing the right thing. >> cole is trying to do him a favor by saying if we do this, it won't be breaking your pledge. therefore, your pledge still exists. i mean, that's about as big a favor as he can do him at that point. >> he's trying throw poor grover a lifeline. but i think the damage has been done because you've had so many people saying, lindsey graham saying i would violate the pledge, end of story and i think the american public has become more aware of the pledge, how much it's dictated republican policy. you're supposed to be answering to us, the voter, so i think that has in addition to the fact that keeping these tax cuts in places so unpopular, i think just the idea i itself of the pledge has become politically toxic. >> i want you to listen to one more thing cole said today about
norquist and the pledge. >> i admire grover norquist. i think he's done a lot of good. i signed that pledge. i'm honored to do it. i don't think in this case we would be breaking it by making what are temporary tax cuts permanent. i think we'd be doing the right thing. >> cole is trying to do him a favor by saying if we do this, it won't be breaking your pledge. therefore, your pledge still exists. i mean, that's about as big a favor as he can do him at that point. >> he's...
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. >> grover norquist, he wanted ground government in the bathtub. i hope he slips in there with it. >> medicaid, social security. >> this is not part of the conversation. we're not going to raid social security. just another fight in washington. >> there's going to be blood and hair and eyeballs all over the floor. >> i'm more positive than most. >> if not, we go off the supposed cliff. >> the fiscal cliff or slope. the bump of various height. >>> thelma and louise might need to make room in the car for the president of the united states. at the white house today, senior obama administration officials met with liberal leaders and union officials. "the washington post" reports that one told him after the meeting, quote, would the white house go off the cliff if it's between that and compromising their core principles? i was left with the impression that they would. illinois democratic senator dick durbin spoke today at the liberal center for american progress where he said this about the possibility of going off the cliff which fears of this show kno
. >> grover norquist, he wanted ground government in the bathtub. i hope he slips in there with it. >> medicaid, social security. >> this is not part of the conversation. we're not going to raid social security. just another fight in washington. >> there's going to be blood and hair and eyeballs all over the floor. >> i'm more positive than most. >> if not, we go off the supposed cliff. >> the fiscal cliff or slope. the bump of various height....
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. >> anti-tax crusader, grover norquist attacking the wives of republican congressman. >> i hope his wife understands that commitments last a little longer than two years. >> tonight, lee saunders on the grassroots blast to pass the middle class tax cuts. >> small business owner, lou krantz, on his meeting with the president. congressman, steve israel, on the democratic momentum on the fiscal cliff. plus. >> karen finney on the new bizarre attack on ambassador, susan rice. >> all of the sudden, we are the bell of the ball. we are here to say, it's time to start to dance. >>> latino voters help put president obama over the top. now, the hispanic caucus says they want action. representative luis gutierrez joins me tonight. >>> good to have you with us. thanks for watching. president obama is selling his economic agenda and using all the right tools. the president was surrounded today by middle class taxpayers at the white house as he pushed for an extension of the tax cuts for income below $250,000. he quas quick to highlight the break in the ranks with the republicans. >> i am glad to
. >> anti-tax crusader, grover norquist attacking the wives of republican congressman. >> i hope his wife understands that commitments last a little longer than two years. >> tonight, lee saunders on the grassroots blast to pass the middle class tax cuts. >> small business owner, lou krantz, on his meeting with the president. congressman, steve israel, on the democratic momentum on the fiscal cliff. plus. >> karen finney on the new bizarre attack on ambassador,...
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it is grover norquist! >> announcer: this is the "bill press show." >> announcer: chatting with you live at current.com/billpress this is the "bill press show." live on your radio and current tv. >> bill: good morning everybody. welcome back. again to the "full court press." it is 33 minutes after the hour now. we're coming to you live from our nation's capital and our studio on capitol hill. and brought to you today by afscme the good men and women of afscme under president lee saunders, the largest public employee and healthcare worker's union in the entire country making america happen. indeed. you can check out their good work and find out more about what afscme's up to post-election at their web site, afscme.org. and we're very proud and pleased to welcome into the studio at this time, a good friend from california former speaker of the california assembly, now representing the 33rd congressional district of california in the united states congress congresswoman karen bass. congresswoman, nice to see y
it is grover norquist! >> announcer: this is the "bill press show." >> announcer: chatting with you live at current.com/billpress this is the "bill press show." live on your radio and current tv. >> bill: good morning everybody. welcome back. again to the "full court press." it is 33 minutes after the hour now. we're coming to you live from our nation's capital and our studio on capitol hill. and brought to you today by afscme the good men and...
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david, you heard congresswoman bass refer to grover norquist. i want to play what he said regarding this ominous threat as described to republicans who may not fall in line. let's play it. >> tea party 2 is going to dwarf ta tea party 1 if obama pushes us off the cliff. >> this was in reference to the president. he's threatening we will see a new, stronger tea party if we go off the cliff. >> yes. grover norquist also predicted an overwhelming victory by mitt romney and was proven wrong then, too. i think he and other republicans are playing a very dangerous game with their own political futures by failing to see the connection between this situation and the situation we were in around 1995 when there was a government shutdown. republicans thought they could drive this to the bitter end, and what happened? the american voters actually blamed them, the republicans, for what happened. i think it's a pattern in american politics when things happen that are, in effect, harmful government shutdowns, if you will, or breakdowns of process, the blame us
david, you heard congresswoman bass refer to grover norquist. i want to play what he said regarding this ominous threat as described to republicans who may not fall in line. let's play it. >> tea party 2 is going to dwarf ta tea party 1 if obama pushes us off the cliff. >> this was in reference to the president. he's threatening we will see a new, stronger tea party if we go off the cliff. >> yes. grover norquist also predicted an overwhelming victory by mitt romney and was...
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everybody is saying we're going to walk away from grover norquist. all he has done saying, hey, you have enough money on capitol hill. spend what you have, and stop asking us. he has been a watchdog on our money. if you're democrat or republican you should be saluting him to a degree. he warns you in the past people who walk away from their no-new taxes have paid a price. >> he just said hey. >> stephanie: a lot of people who signed that pledge lost. [ ding ding ] >> thanks, grover. >> stephanie: here is the very soothing laura ingram. >> the sky is always falling when president obama wants to cram down legislation or initiatives without real debate, and without true compromise. here's my question for all of these wobbly republicans and democrats who tell us the sky is falling. where have they been for the last two years? the american people have been waiting for two years to have common-sense action. i'm tired of obama putting a gun to the head of the american people and republicans who say oh, what are we going to do? they're all wilting and runnin
everybody is saying we're going to walk away from grover norquist. all he has done saying, hey, you have enough money on capitol hill. spend what you have, and stop asking us. he has been a watchdog on our money. if you're democrat or republican you should be saluting him to a degree. he warns you in the past people who walk away from their no-new taxes have paid a price. >> he just said hey. >> stephanie: a lot of people who signed that pledge lost. [ ding ding ] >> thanks,...
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grover "no nothing" norquist. >> andrea: we have to go. >> bob: grover is an idiot. >> andrea: coming up, did you know that there was once a secret plan to bomb the moon? true story. we have it here. bob has the story up next. ♪ ♪ [ male announcer ] we all make bad decisions. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's insurance for the modern world. esurance. now backed by allstate. click or call. ♪ ♪ >> bob: we were in a race with russians to get to the man on the moon. but if the russians got close, we'd nuke it. the moon. >> andrea: when men were men. >> bob: it's amazing, a story, the project was called the -- that is the 475-pound woman. what was that project -- 81-19. we couldn't get a nuclear weapon up there. we could get atomic bomb up there. do you th
grover "no nothing" norquist. >> andrea: we have to go. >> bob: grover is an idiot. >> andrea: coming up, did you know that there was once a secret plan to bomb the moon? true story. we have it here. bob has the story up next. ♪ ♪ [ male announcer ] we all make bad decisions. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are...
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we will hear from grover norquist at kennecott -- at 10:00 a.m. eastern here on c- span. >> 16 or 17 basis, we have military-run schools, and the average cost educate a child per year is $50,000, almost four times with the rest of public education costs. -- what the rest of public education costs. we could take the money we're spending today, and pay every public school system $14,000 per child and save billions of dollars per year with the same or better outcomes. host: this weekend you can talk with tom coburn -- >> this weekend to can talk to tom coburn on tv "in debpth." join the conversation with your calls, tweets an e-mail to comments -- and e-mail to comments. >> "washington journal" continues. host: we are kicking off our series today looking but the fiscal cliff negotiations, looking specifically at the bush era income tax cuts that were passed in 2001, 2003, and again in 2010 under this administration. joining me is the zachary goldfarb of "the washington post." when did the tax cuts take effect, and why? >> the initially took effect --
we will hear from grover norquist at kennecott -- at 10:00 a.m. eastern here on c- span. >> 16 or 17 basis, we have military-run schools, and the average cost educate a child per year is $50,000, almost four times with the rest of public education costs. -- what the rest of public education costs. we could take the money we're spending today, and pay every public school system $14,000 per child and save billions of dollars per year with the same or better outcomes. host: this weekend you...
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grover norquist on "meet the press." if the president pushes us off the fiscal cliff tea party 2 is going to make tea party 1 look -- wharf grover! -- whatever, grover! >> sequels almost always are -- >> stephanie: suck. >> way worse than the original. >> stephanie: okay. gayle in syracuse. hello, gayle. >> caller: hi. >> stephanie: hi. >> caller: now, i was thinking, now i'm as concerned as anybody else about the fiscal cliff. but thinking -- you know that the new congress that is coming in has less of the crazy tea baggers than the ones that we're dealing with now. as my understanding that congress can write legislation that's retro active to the first of the year. it may not be such a bad thing going over it afterall. >> stephanie: gayle, i swear to god i understand people -- even the white house saying that would not be preferrable to do that and that markets may react. i'm starting to agree with you. the more i see mcconnell and boehner's comments and how unseriously they're treating this, the lack of specificity of
grover norquist on "meet the press." if the president pushes us off the fiscal cliff tea party 2 is going to make tea party 1 look -- wharf grover! -- whatever, grover! >> sequels almost always are -- >> stephanie: suck. >> way worse than the original. >> stephanie: okay. gayle in syracuse. hello, gayle. >> caller: hi. >> stephanie: hi. >> caller: now, i was thinking, now i'm as concerned as anybody else about the fiscal cliff. but thinking --...
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this morning in a breakfast with politico, mike allen was talking to grover norquist about this and grover norquist responded saying certain republicans are having impure thoughts about the fact that they would go ahead and break that pledge. take a listen to part of that breakfast meeting. >> i sounds like republicans are less afraid of you now. are you like frosty? are you melting, losing your power before our very eyes? >> no. two things are both fictions. one is the scenario that republicans were afraid of americans for tax reform and me personally and they took the pledge because i told them to. that's colbert territory, that's harry reid, that's what they say. that's nonsense. people take the pledge. the reason why most republicans and a handful of democrats take the pledge is that they don't intend to raise taxes. >> wouldn't it be good if our leaders were not signing pledges like this and actually voted with what their stilts wanted? >> absolutely. yeah. it would be good. it's funny what an election will do. a lot of republicans are seeing the handwriting on the wall instead of the
this morning in a breakfast with politico, mike allen was talking to grover norquist about this and grover norquist responded saying certain republicans are having impure thoughts about the fact that they would go ahead and break that pledge. take a listen to part of that breakfast meeting. >> i sounds like republicans are less afraid of you now. are you like frosty? are you melting, losing your power before our very eyes? >> no. two things are both fictions. one is the scenario...
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grover norquist is your tomorrow. these are your pals. [laughter] >> i hang with an interesting bunch. >> first, is it fun? and secondly, am i wrong that we're in -- i agree with what a lot of what michael is trying to take us, but i, as a realist to use to work for richard nixon, look at the world as it is not as i hope it might be. i guess my question is to you, do you believe given the people you know that there's a chance for strategic response to these things as opposed to reactive response? because of their inability to get along with the guys in the white house, and gals? >> we just don't get along but that's been true for a long time so how do you get past that? we have to go back to a different kind of leadership, the kindly with ronald reagan, with bill clinton, where presidential leadership meant here's what america needs. i will send this bill, say to the congress. what that does for the congress is against them air cover. they can say we don't want to do this. the president -- >> maybe obama ought to make bill clinton the fis
grover norquist is your tomorrow. these are your pals. [laughter] >> i hang with an interesting bunch. >> first, is it fun? and secondly, am i wrong that we're in -- i agree with what a lot of what michael is trying to take us, but i, as a realist to use to work for richard nixon, look at the world as it is not as i hope it might be. i guess my question is to you, do you believe given the people you know that there's a chance for strategic response to these things as opposed to...
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can someone give grover norquist a heads up, this is people. but about raising the standard of living for everyone. it's not just about paying some government to have more but about putting millions to work who are now jobless because that's what happens in a boom. we put them to work. and, yes, spending's got to come down. are they so obtuse, to quote andy dufrane that they can't see this? and, yes, i'm talking about both sides. it's driving me crazy. how do i know that things would be so great if we could only get beyond the stupid politically created crisis? let's go over the reasons. first, in terms of how well we could be doing, think about this. the barely capitalist don't innocent that is europe has settled down into some sort of permanent no-growth mode and yet almost every one of the stock markets is doing better than ours. come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, germany do better than us? how is that possible? because of you, washington. it's because of you. we've been kept back all bec
can someone give grover norquist a heads up, this is people. but about raising the standard of living for everyone. it's not just about paying some government to have more but about putting millions to work who are now jobless because that's what happens in a boom. we put them to work. and, yes, spending's got to come down. are they so obtuse, to quote andy dufrane that they can't see this? and, yes, i'm talking about both sides. it's driving me crazy. how do i know that things would be so...
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they need to decide who they are more loyal to, the united states constitution or the grover norquist. >> what is it? >> been i can't sleep. >> here try this. >> norquill. >> norquill the shut the [ censor bleep ] up so we can get something done medicine. available liquid or suppositories. [ applause ] >> stephanie: yes, go ahead. >> caller: yesterday on hurricane irene huckabee's show he went on and on and on about how dare bob costas talk about gun control. >> stephanie: oh boy. he is not even in politics. he just said something reasonable. like this domestic situation would not have resolved this way if he didn't have a gun. >> caller: and any situation that they can be on the wrong side of they find it tweet it say it and it drives me insane. >> stephanie: exactly. and bob costas is satan now. >> we'll have some of that coming up in right-wing world. >> stephanie: good tease. nicely done. >> stephanie: thank you. >> stephanie: jay carney. >> what we hope for is specificity from republicans. >> stephanie: and they gone none. [ buzzer ] >> stephanie: this is what mitt romney was cri
they need to decide who they are more loyal to, the united states constitution or the grover norquist. >> what is it? >> been i can't sleep. >> here try this. >> norquill. >> norquill the shut the [ censor bleep ] up so we can get something done medicine. available liquid or suppositories. [ applause ] >> stephanie: yes, go ahead. >> caller: yesterday on hurricane irene huckabee's show he went on and on and on about how dare bob costas talk about gun...
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i'm stuck speaking to many more ceos than grover norquist is. he thinks it's silly. he thinks ceos are silly. i don't think they're silly. they control hiring in this country. many americans play for dinner. i don't think grover norquist cares about who is paying to dinner. he has a pledge. it's important to him and important to the people who agreed to it. i worry about dinner for people. i worry about rising above and dinner for people. he won't surprise it. ceos do. he has his principles. i went to college with him. he's a very nice man. very nice. >> you have a history. we should keep that in mind. >> sweet guy. likes the cliff. wants to jump over. favors recession. that's how i read that. recession isn't bad thing if you're a short seller. if you can go short, you can get your way. it could be big. >> it could be. >> it could be huge. you never know. >> at least for some period of time. >> yeah. >> there is a big analysis on the cover of "times" about talks as they stand right now. they say the president has been burned, scarred is the word they used by the prev
i'm stuck speaking to many more ceos than grover norquist is. he thinks it's silly. he thinks ceos are silly. i don't think they're silly. they control hiring in this country. many americans play for dinner. i don't think grover norquist cares about who is paying to dinner. he has a pledge. it's important to him and important to the people who agreed to it. i worry about dinner for people. i worry about rising above and dinner for people. he won't surprise it. ceos do. he has his principles. i...
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the only way to get that done is for republicans to step out and get mercilessly criticized by grover norquist and democrats are going to have to do things about entitlements that they'll get criticized on the left. >> cenk: they're going to seem so big and grand taking criticism for the left. those people all just voted for you, right? they are putting medicare and medicaid on the chopping block. they've been dying to do it all along. they ran a campaign about romney would cult medicare. they're going to cult medicare. romney would have, maybe more, but they're going to cut it. it gets worse. how about tax cuts. sit down please. before you watch this clip, sit down, otherwise you're going to fall down. >> the immediate question of the tax cuts, we want to extend them for most people but we want to engage in the process of tax reform that would produce lower rates, even potentially for the wealthiest. >> cenk: you didn't hear that wrong. not higher rates for the wealthiest lower rates for the wealthiest! lower rates! cut taxes for the wealthiest! i'm glad we had an election, guys. the
the only way to get that done is for republicans to step out and get mercilessly criticized by grover norquist and democrats are going to have to do things about entitlements that they'll get criticized on the left. >> cenk: they're going to seem so big and grand taking criticism for the left. those people all just voted for you, right? they are putting medicare and medicaid on the chopping block. they've been dying to do it all along. they ran a campaign about romney would cult medicare....
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peter king yesterday talked about grover norquist. said watch out grover. >> this whole thing with norquist came up out of nowhere. again, going back -- the fact that he brought my wife into it, he's never meet me or my wife. he better hope he doesn't because i'll knock his head off. >> going to knock his head off. his wife would knock his head off. >> that's a bad moment. peter king's spouse is going to come for grover norquist. >> bill: if king was responding to the fact that grover norquist said his pledge is like the marriage pledge, right. the same power. the same -- and if you take your marriage vows, it is once and forever. and if you sign his pledge, it is once and forever. i don't think most members when they sign that had quite the same -- >> most members thought of as peter king. some of the folks on capitol hill are like yeah, it is. >> he also sounds like a guy who might follow through on that threat, you know. >> he does have that sort of -- >> i was waiting for him to say my wife would knock his freakin' block off. he m
peter king yesterday talked about grover norquist. said watch out grover. >> this whole thing with norquist came up out of nowhere. again, going back -- the fact that he brought my wife into it, he's never meet me or my wife. he better hope he doesn't because i'll knock his head off. >> going to knock his head off. his wife would knock his head off. >> that's a bad moment. peter king's spouse is going to come for grover norquist. >> bill: if king was responding to the...
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he teaches at columbia university and recently went off on grover norquist to sign an oath they will not raise taxes. >> rightfully went off at grover norquist. >> stephanie: that's treason to sign a pledge. >> intellectuals tend to be liberal because they think. >> stephanie: there's facts and stuff involved. okay. tim wildman on the american family radio thing. show. >> i think if it would have been a white president -- a white president running against mitt romney, he loses. i think the racial dynamic played a large part in president obama winning. >> that's deep thinking. >> stephanie: that's horribly racist right there. he won a second time because he's black. two landslides. yeah. okay. eric bolling on the 5. a little bob costas bashing. >> i saw this tragedy happen. saturday morning i saw it. i was like how long before someone, someone uses that pulpit to say it has to be head trauma or something else like gun control. i never expected nbc to allow bob costas to come out and do something on their national -- costas is a coward though. he didn't even say he believes this. he sa
he teaches at columbia university and recently went off on grover norquist to sign an oath they will not raise taxes. >> rightfully went off at grover norquist. >> stephanie: that's treason to sign a pledge. >> intellectuals tend to be liberal because they think. >> stephanie: there's facts and stuff involved. okay. tim wildman on the american family radio thing. show. >> i think if it would have been a white president -- a white president running against mitt...
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. >> when we talk about that let's show what grover norquist had to say. he's the anti-tax pledge crusader. this is what he had to say yesterday. >> tea party two will dwarf tea party one if obama pushes us off the cliff. >> that's like say anaconda two will dwarf anaconda one. the sequel will be more intense. a poll find out last week that they found a majority of americans will blame the republicans in congress not the president for failure to make the deal. as we hear what grover says you see at any time other way. you say it will be the democrats. >> it could be. depending on what happens. if they keep posturing we can go off the fiscal cliff it won't be such a big deal i don't think that's where most democrats will end up. you they are president and a lot of people down in washington saying they don't want to go off the fiscal cliff. as far as grover norquist notices, i don't think republicans should be caving to a special interest of one, frankly. we do see some brave republicans coming out there and they should be supported because they are about fi
. >> when we talk about that let's show what grover norquist had to say. he's the anti-tax pledge crusader. this is what he had to say yesterday. >> tea party two will dwarf tea party one if obama pushes us off the cliff. >> that's like say anaconda two will dwarf anaconda one. the sequel will be more intense. a poll find out last week that they found a majority of americans will blame the republicans in congress not the president for failure to make the deal. as we hear what...
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think of grover norquist and the influence he has. i don't like grover norquist. i don't like jim demint, but that's what i think he's thinking. >> john, i want to go to the house of representatives. it looks like some real purging going on over there. we have a number of right wing members of the house who have been knocked off their committees. speaker boehner is ex exerting control. look at four republican members who were recently kicked off their committees, justin amash, huelskamp, david schweikert, and walter jones were booted from the house financial services committee. all four of these men have a history of voting against boehner and the house republican leadership. it looks like they have one thing in common, he's too right for boehner. >> i think the real problem for boehner is he's playing a risky game in the sense that people are starting to whisper that in these negotiations he actually is not being tough enough, that he should be out there saying that this president is addicted to spending. he needs an intervention and this is the fight right now.
think of grover norquist and the influence he has. i don't like grover norquist. i don't like jim demint, but that's what i think he's thinking. >> john, i want to go to the house of representatives. it looks like some real purging going on over there. we have a number of right wing members of the house who have been knocked off their committees. speaker boehner is ex exerting control. look at four republican members who were recently kicked off their committees, justin amash, huelskamp,...
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Nov 30, 2012
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norquist tax pledge. chris gibson says the pledge he signed in 2010 no longer applies since redistricting changed the numbers. he signed as a candidate for new york's 20th congressional district and said moving forward he doesn't plan to re-sign it for the 19th congressional district for which he now represents. okay. the opening bell just rang. let's get right to the market rundown. cnbc's becky quick is here. good morning, becky. >> reporter: good morning, chris. great to see you. we are looking now at the markets just opening and they're opening relatively flat. modest declines for the s&p and nasdaq. modest gains for the dow. that's a surprise today because when you came in this morning you might have expected to see a lot of red arrows. we have been trading almost in lock step with the headlines that have been coming out of washington around the fiscal cliff. when it looks like there is some movement made, when it looks like there's a deal that could be reached, you see the markets go up. when things
norquist tax pledge. chris gibson says the pledge he signed in 2010 no longer applies since redistricting changed the numbers. he signed as a candidate for new york's 20th congressional district and said moving forward he doesn't plan to re-sign it for the 19th congressional district for which he now represents. okay. the opening bell just rang. let's get right to the market rundown. cnbc's becky quick is here. good morning, becky. >> reporter: good morning, chris. great to see you. we...
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turns out grover norquist is not buying that. a line in the pledge states, it's made to the american people to avoid that loophole. let them fight. >>> all right. next up, a little inspiration for the new powerball winners. we have a novel way to spend some of that mega jackpot. radin, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades. tdd#: 1-800-345-2550 call 1-800-433-9947. if you're a man with low test
turns out grover norquist is not buying that. a line in the pledge states, it's made to the american people to avoid that loophole. let them fight. >>> all right. next up, a little inspiration for the new powerball winners. we have a novel way to spend some of that mega jackpot. radin, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more...
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Nov 28, 2012
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then you don't break the grover norquist pledge to raise taxes. which is why it's time to prepare for the failure of december talks. maybe we need the hardships main street middle class to become so clear that a compromise that abandons cherished principles may be the only way to avoid a recession, which would give other candidates a chance to rise up and take your seat in congress. hence why i'm not back with the 10% solution, a solution like how the dreaded tarp got through congress, so-called bank bailout. 10% after tarp was first rejected and congress people, constituents who own stock, people who can afford to contribute to campaigns, we better do some compromising. that could happen again if we don't get a deal by year end. it comes down to the final weeks of the year when it's clear we don't have a deal, some will sell their stock economically might save a ton taxes versus the 2013 tax code. the jobless claims that come out at 8:30, right now they aren't going up much because they aren't seeing lots of firings and they aren't going down bec
then you don't break the grover norquist pledge to raise taxes. which is why it's time to prepare for the failure of december talks. maybe we need the hardships main street middle class to become so clear that a compromise that abandons cherished principles may be the only way to avoid a recession, which would give other candidates a chance to rise up and take your seat in congress. hence why i'm not back with the 10% solution, a solution like how the dreaded tarp got through congress,...
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one senator is defending grover norquist's anti-tax stance. that's senator rand paul. he'll join us live in a few minutes. >>> even black friday couldn't save retailers from superstorm sandy. sales for november taking a hit in the wake of that storm. what does it mean, though, for the holiday shopping season? we'll tell you how to play it. >>> a wade of companies issuing special dividends ahead of the fiscal cliff. sounds like a plus for the company. we'll tell you why it could be more of a warning sign. >>> and how senate majority leader harry reid's home state of nevada could get hit hard if congress cannot make a deal on the fiscal cliff. >>> we're going to start with the cme group. rick santelli, the santelli exchange. i'm told a little poetry. i just hope it's not frost saying some say the world will end in fire, some saying ice. >> it's not going to be fire and ice. it is going to be some fire and brimstone! how's that? you know, i liked warren buffett's op-ed the other day in the "time"s. a minimum tax for the wealthy. we're going to get to a couple quotes in th
one senator is defending grover norquist's anti-tax stance. that's senator rand paul. he'll join us live in a few minutes. >>> even black friday couldn't save retailers from superstorm sandy. sales for november taking a hit in the wake of that storm. what does it mean, though, for the holiday shopping season? we'll tell you how to play it. >>> a wade of companies issuing special dividends ahead of the fiscal cliff. sounds like a plus for the company. we'll tell you why it...
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i spent a ton of time this weekend hanging with old college chum grover norquist. he's as certain as ever that republicans who have impure thoughts about violating his no new tax pledge will be targeted at the primary level by tea party members. i'm taking this masterful behind-the-scenes player at his word that he controls almost all the republicans. because almost all of them signed his oath. so a deal could be tough. plus i'm now calling for no vacation without legislation. no vacation without legislation. because the holidays are slated to begin in a couple of weeks. which doesn't give enough time to get the job done. so you have one side that is insisting on tax increases and offering no spending cuts, and then you have the other side which has pledged no tax increases which assures no deal can occur. after all, even if the president offered heavy-duty spending cuts like he did during the debt ceiling fight, the republicans can't compromise because of their blood oath in norquist. they aren't allowed to and the president's line seems to have hardened. doesn't
i spent a ton of time this weekend hanging with old college chum grover norquist. he's as certain as ever that republicans who have impure thoughts about violating his no new tax pledge will be targeted at the primary level by tea party members. i'm taking this masterful behind-the-scenes player at his word that he controls almost all the republicans. because almost all of them signed his oath. so a deal could be tough. plus i'm now calling for no vacation without legislation. no vacation...
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grover norquist, again, has written an op-ed mentioning the debt ceiling specifically. a new report for the bipartisan policy center said the ceiling must be raised before the end of february to avoid default. he said republicans should use that as leverage, congresswoman, in the fiscal cliff deal. the debt ceiling that obama plans lump into every month or so for the next four years provides plenty of leverage for the gop to trade for spending cuts, as done in 2011, or continuing the lower rates. are you willing to do that, use the debt ceiling in this as leverage? >> well, what i'm willing to do, is to talk about, and a very serious conversation, which i don't believe we're really having here on the hill right now, and that is we have a spending-driven problem. you can't keep on spending a trillion dollars more than what you bring in every year. and until we look at both sides of this issue, and a balanced approach on this where we're looking at what is driving the debt, and making sure that we're balancing our budget, it's both revenue, and spending. and we've got to
grover norquist, again, has written an op-ed mentioning the debt ceiling specifically. a new report for the bipartisan policy center said the ceiling must be raised before the end of february to avoid default. he said republicans should use that as leverage, congresswoman, in the fiscal cliff deal. the debt ceiling that obama plans lump into every month or so for the next four years provides plenty of leverage for the gop to trade for spending cuts, as done in 2011, or continuing the lower...
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norquist now really be pushed aside by the party? >> grover norquist is a survivor. he has a business, $7 million budget. spent $25 million in campaigns this cycles. he doesn't want to be seen as a dead-ender. he doesn't want his power to melt away bite by bite win the views like that. what we saw today was him providing a little path for republicans and, yeah, that very colorful point about the murder weapon, but he went on to say that republicans need to push for reform which speaker boehner has been doing, and to be clear about it, and he said the deal needs to be able to pass the laugh test back home. and he says it needs to be done in public. he wants it done on cnbc or on c-span the way some people wanted the health care deal done. so his argument is that if republicans are up front about what they want and what they're pushing for, they'll be able to survive whatever deal they ultimately have to go along with. >> you say mr. norquist wants to see it done in public. isn't that what we are seeing to a certain extent right now? we had speaker boehner out making h
norquist now really be pushed aside by the party? >> grover norquist is a survivor. he has a business, $7 million budget. spent $25 million in campaigns this cycles. he doesn't want to be seen as a dead-ender. he doesn't want his power to melt away bite by bite win the views like that. what we saw today was him providing a little path for republicans and, yeah, that very colorful point about the murder weapon, but he went on to say that republicans need to push for reform which speaker...
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norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the elephant in the room, but that would be up to the people who would be sitting across the table from each other. we cannot go over this fiscal cliff, no matter what people on both ends of the political spectrum say. i believe that there was a popularity poll in case you missed it where now members of congress rank just above car salespeople and i'm a great admirer of car salespeople, you know. it's not -- even astonishingly and it angers me beyond belief, even journalists rank higher than members of congress. >> former senate majority leader george mitchell knows what it's like to be in the middle of the debate. he joins me now. senator mitchell, you more or less have been in john boehner's shoes. you were a congressional leader hammering out a tax and spending cut deal with the president of the opposing party. how is what we're seeing now different than what you experienced two decades ago? >> it's similar in terms of
norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the elephant in the room, but that would be up to the people who would be sitting across the table from each other. we cannot go over this fiscal cliff, no matter what people on both ends of the political spectrum say. i believe that there was a popularity poll in case you missed it where now members of congress rank just above car salespeople and i'm a great...
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norquist. republicans signed a pledge that they won't vote for tax increases that are needed to forge a compromise. in this issue i have to admit that i grow less confident by the day. we have heard harry reid say there has been less progress in the talks. it looked to be a benign session. we have been reading how the republicans were open to a deal that includes revenue increases. we aren't reading about how the tea party go against taxes when leadership agrees to it. i'm sure they don't record the presidential election as a referendum to anything. referendum to anything. they vote for the betrayal of their own beliefs. because the tax increases would amount to a de facto destruction of their word not to raise taxes. in other words, let's say you are a hard line democrat. you get higher taxes for the rich. the hard line democrats don't care about the stock market. they probably think that the republicans own stocks anyway. many of the hard liners want a smaller defense budget. here is the bott
norquist. republicans signed a pledge that they won't vote for tax increases that are needed to forge a compromise. in this issue i have to admit that i grow less confident by the day. we have heard harry reid say there has been less progress in the talks. it looked to be a benign session. we have been reading how the republicans were open to a deal that includes revenue increases. we aren't reading about how the tea party go against taxes when leadership agrees to it. i'm sure they don't...
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oh, my pledge to grover norquist doesn't mean anything more. >> i don't believe in pledges anyway. you should pledge to uphold the constitution, and we should be able to trust our elected leaders to make decisions based on facts and -- >> sean: did one republican run on raising revenue? >> no -- well, actually i don't know if that's true. >> i don't know one. >> why are we talking about the republicans when we should be talking about the conservative democrats who ran senate seats who ran on a campaign against what president obama is talking about? why not talk about them? in 201047 democratic senators voted with president obama in order to extend the bush cuts. >> sean: the republicans, the ones signaling they're giving in, and the democrats, lock solid, they're not moving, as of now. i'm trying to reinforce -- >> i would just leave the republicans and focus on the democrats. what are they going to do? what is their plan. >> sean: you guys beat up on me. >> because we know we cannot afford this. we know that if you raise taxes on the rich, everybody making more than $250,000, you
oh, my pledge to grover norquist doesn't mean anything more. >> i don't believe in pledges anyway. you should pledge to uphold the constitution, and we should be able to trust our elected leaders to make decisions based on facts and -- >> sean: did one republican run on raising revenue? >> no -- well, actually i don't know if that's true. >> i don't know one. >> why are we talking about the republicans when we should be talking about the conservative democrats who...
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norquist than to the oath of office and we do have a
norquist than to the oath of office and we do have a
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. >> mary, republicans have been fighting over the new no taxes pledge and grover norquist has republicans on record i won't vote for a tax increase. are they really ending up here negotiating with themselves in a way that hurts their positions, vis-a-vis the president? >> certainly, they are, i think that the president is energized by the fact he thinks, look, i ran a lousy economy for four years, i left unemployment high, i increased the size of the debt and the deficit, i got everything i wanted, the place is a mess and look, i got reelected. so, what's so hard about me continuing to doing that and blaming it on them. obviously, i'm very good at that and that's base clr where he's going here and the republicans i think are not very good poker players, they're signaled they're relucks tennant to go over the cliff. if you're in this showdown, i is a, come on, bring it. >> paul: they will get blamed if that happens and the president is signaling that. that wouldn't be a pleasant outcome for them. you're saying they should suggest to the president we had he' be willing to do that and maybe
. >> mary, republicans have been fighting over the new no taxes pledge and grover norquist has republicans on record i won't vote for a tax increase. are they really ending up here negotiating with themselves in a way that hurts their positions, vis-a-vis the president? >> certainly, they are, i think that the president is energized by the fact he thinks, look, i ran a lousy economy for four years, i left unemployment high, i increased the size of the debt and the deficit, i got...
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more and more are breaking away from the grover norquist tax pledge. it's like they're all suddenly discovering this pledge is not actually legally binding in any way. other republican members of congress coming forward gibson who signed the fledge last year. tom cole has been taking heat from john boehner who said that republicans should let the tax cuts expire on the top earners saying why don't we do the right thing and then continue talking. right back, stay with us. right have, about the "heavy hand of government" ... i want to have that conversation. let's talk about it. really? you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. >>i jump out of my skin at people when i'm upset. they're doing this this corruption based on corruption based on corruption. >>that's an un
more and more are breaking away from the grover norquist tax pledge. it's like they're all suddenly discovering this pledge is not actually legally binding in any way. other republican members of congress coming forward gibson who signed the fledge last year. tom cole has been taking heat from john boehner who said that republicans should let the tax cuts expire on the top earners saying why don't we do the right thing and then continue talking. right back, stay with us. right have, about the...